market turmoil - conversation with a trader up 4x norm

A friend of mine works at Kershner Trading in Austin.  I had a chat with him on Friday:

me: how is the credit crunch and the downtick rule change affecting traders like yourself?
halfdeadcat: oh my gawd it is so awesome
halfdeadcat: though, i've made most of my money long in the crashes
me: the market has been very volitile; i'm sure that's a good thing
halfdeadcat: get a low entry buy on a someone's panic out and flip it a few minutes later
halfdeadcat: heck yeah it is.  the whole office is making bank
halfdeadcat: I've already made twice as much this month as i have every made in any previous month here
me: congratulations!!!
halfdeadcat: thanks. and august is normally the slow month
me: oh, that's right, summer slowdown
halfdeadcat: yeah.  all the traders in ny head to the hamptons
halfdeadcat: it can't last though.   all those manhattan trophy brides are used to 3 weeks vacation in august
halfdeadcat: all those guys aren't getting laid right now
me: lol, mind if i tell the folks in my MBA program about this and name-drop your firm?
halfdeadcat: sure
halfdeadcat: feel free if they are interested in that sort of thing
me: i would think kershner would benefit from attracting some of the best and brightest from jones
halfdeadcat: point them our way

They are always open to new people, and they are very open-minded about their backgrounds.  Not everyone can trade, but good traders can come from all different walks of life.  Oh, and for the math-challenged; the 4x vs. twice comes from I chatted with him halfway through the month.  Could you go work for them and make 7-figures?  Yeap, it is possible.

Comments

[cybertoad]

LOL... glad to hear he is doing well... (;